Loopring

Loopring (LRC) is an Ethereum-based protocol that allows users to create orderbook-based, high-throughput, non-custodial exchanges on the Blockchain while leveraging ZKproofs (zero-knowledge proofs).

Founded by Daniel Wang in 2017, Loopring is a protocol running on top of the Ethereum blockchain, attracting global users. Its attractiveness lies in the fact that this DeFi (Decentralized Finance) protocol uses several cryptocurrencies to sustain the platform. Moreover, exchanges created in Loopring can avoid high costs and slow speeds, plaguing most Ethereum DEXs (decentralized exchanges).